Forward-Looking Statements
2
Disclaimer: Our commentary and responses to your questions may contain forward-looking statements, including our financial projections, within the
meaning of Section 21E of the Securities Exchange Act of 1934. Centrus undertakes no obligation to update any such statement to reflect later
developments. Factors that could cause actual results to vary materially from those discussed today include risks related to: the refusal or inability of Russian
government-owned entity TENEX, Joint-Stock Company (“TENEX”) to deliver LEU to us for any reason including but not limited to TENEX’s inability to obtain
licenses, in a timely manner or at all, pursuant to the November 2024 Russian Federation Decree 1544 which restricts the shipment of Russian LEU to the U.S.
without a specific license for each shipment; laws, bills or tariffs to ban or restrict (i) import of Russian material into the U.S. including the Prohibiting Russian
Uranium Imports Act (“Russian Imports Ban”) or (ii) transactions with Rosatom or its subsidiaries; the Company’s inability to secure additional waivers,
modifications to waivers, or other exceptions from the Russian Imports Ban or other sanctions in a timely manner or at all; the war in Ukraine and geopolitical
conflicts and the imposition of sanctions or other measures against TENEX or our other suppliers, or sanctions or other measures (including but not limited to
tariffs) that could impact our ability to purchase, obtain, deliver, transport or sell low-enriched uranium (LEU) under our existing supply contract with TENEX
or other suppliers; changes in the nuclear energy industry, pricing trends and demand in the uranium and enrichment markets and their impact on our
profitability, timing of physical delivery to customers, the competitive environment for our products and services; the impact and potential extended duration
of the current supply/demand imbalance in the market for LEU; trade barriers (including tariffs) and contract terms that limit our ability to deliver LEU to
customers; actions that may be taken by the U.S. government or other governments that could affect our ability, or the ability of our sources of supply, to
perform under contract obligations; the U.S. Department of Energy (“DOE”) not awarding contracts or task orders to the Company in response to any of the
Company’s proposals; DOE not issuing task orders under any of the LEU, HALEU, or Deconversion contracts or any major task orders to the Company under
those contracts; the Company not winning a task order under the LEU or HALEU contract to expand its respectively deploy its LEU or expand it’s HALEU
plant; DOE not providing adequate share of the appropriated funding; as well as those provided in our most recent Annual Report on Form 10-K and
subsequent reports as filed with the SEC.
Industry / Market Data: Industry and market data used in this presentation has been obtained from third-party industry publications and sources as well
as from research reports prepared for other purposes. We have not independently verified the data obtained from these sources and cannot assure you
of the data’s accuracy or completeness.